Tata Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV as on 19-12-2024
₹ 59.72
1D
Inception Returns
8.9%
/yr
About Tata Equity Savings Fund Direct Growth
Tata Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sailesh Jain, Murthy Nagarajan. This fund gives you the benefit of diversification.
Key Parameters
- Tata Equity Savings Fund Direct Growth has ₹216 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Tata Equity Savings Fund Direct Growth has given a CAGR return of 8.87% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.75%, 10.12% and 10.37% respectively.
Holdings
Tata Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Industrial, Tech, Consumer Defensive, Energy, Communication, Utilities, Basic Materials, Health, Corporate, Consumer Cyclical.
Taxation
As it is a equity savings mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Tata Equity Savings Fund Direct Growth
The investment objective of the scheme is to provide long term capital appreciation and income distribution to the investors by predominantly investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Tata Equity Savings Fund Direct Growth has no lock in period.
Historical NAV & Returns
Tata Equity Savings Fund Direct Growth Overview
| Expense ratio | 0.49% |
Benchmark | NIFTY Equity Savings TR INR |
| AUM | ₹216 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 82.24% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Moderate Risk |
Trailing Returns
as on (19-Dec-24)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 216 Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Government & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 6.01% | 8.3% | |
 Bharti Airtel Ltd | 5.85% | 30.8% | |
 Larsen & Toubro Ltd | 5.16% | 0% | |
 NTPC Ltd | 4.85% | 79.1% | |
 HDFC Bank Ltd | 4.75% | 0% |
Mutual Fund Insights
Tata Equity Savings Fund Direct Growth Highlights
Moderate Risk
About the fund
Fund Allocations
AUM size ₹216 Cr
Expense Ratio 0.49%
Frequently Asked Questions for Tata Equity Savings Fund Direct Growth
Tata Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.38% | 1.38% |
6 Month Returns | 4.29% | 4.29% |
1 Year Returns | 12.75% | 12.75% |
3 Years Returns | 33.55% | 10.12% |
5 Years Returns | 63.75% | 10.37% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |